The Eldorado Gold Corp (EGO) is up .28 to 6.06 today. EGO is at the lower end of the 52-week range.
Today paper traded 3957 EGO Jul 6 puts at .46.? The ADV is 4794 contracts.? The OI is 1248 contracts.
The volume went in two large blocks.? The trade went off just .01 above the bid with no real corresponding stock.? A straddle went up as well that looked like a sell.? With IV down 1.2 points paper was selling options with the puts looking for a long position opening.
30-day implied volatility is 42%.?? 10-day implied volatility is 37%.? 30-day implied volatility is trading above the 10-day historical volatility.
Eldorado Gold Corporation (Eldorado) is a gold exploration, development, mining and production company.?
